Help:
Auto-bidding
Auto-bidding applies on Trading Post®. You simply specify the maximum amount you are willing to pay for an item and auto-bidding will take care of the bidding for you.
How does auto-bidding work?
- When you place a bid, specify the maximum amount you are willing to pay for the item.
- Auto-bidding automatically places incremental bids on your behalf that are just high enough to beat the maximum bid placed by any other bidder.
- Each time a bid is placed by another bidder, auto-bidding will bid on your behalf until you are outbid by a bidder who offers more than your maximum bid.
If no one has outbid you by the time the Auction ends, and if there is a reserve price and it has been met you are the winning bidder.
What are the advantages?
Auto-bidding:
- Saves you time since you may not need to place further bids.
- Sometimes you pay less than your maximum offer.
What are bid increments?
A bid increment is the minimum amount that the current bid increases each time a new bid is placed.
The table below shows the bid increments depending on the value of the current bid.
Current bid |
Bid increment |
$0 - $10 |
$0.25 |
$11 - $50 |
$0.50 |
$51 - $100 |
$1 |
$101 - $200 |
$2.50 |
$201 - $500 |
$5.00 |
$501 - $1000 |
$10.00 |
